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Medtech

Thermo Fisher Nears $10 Billion Acquisition of Clario: Reuters Report

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Reuters, Reuters
TL;DR

Thermo Fisher Scientific is reportedly nearing a $10 billion all-cash acquisition of Clario, a clinical trial data management firm owned by Nordic Capital and Astorg, potentially to be announced as early as Wednesday. This would be Thermo Fisher's largest acquisition since purchasing PPD in 2021 and would expand their offerings in the pharmaceutical research sector.

Key takeaways

  • Thermo Fisher Scientific is reportedly close to finalizing an all-cash acquisition of Clario, a clinical trial data management firm, for approximately $10 billion, according to a Financial Times report
  • Reuters indicated that it could not independently confirm the report
  • An official announcement of the potential acquisition could occur as early as Wednesday, contingent upon the absence of unforeseen complications
Thermo Fisher Scientific is reportedly close to finalizing an all-cash acquisition of Clario, a clinical trial data management firm, for approximately $10 billion, according to a Financial Times report. Reuters indicated that it could not independently confirm the report. An official announcement of the potential acquisition could occur as early as Wednesday, contingent upon the absence of unforeseen complications. The acquisition, if completed, would represent Thermo Fisher's most significant deal since its $17.4 billion acquisition of PPD in 2021. Clario, formed in 2021 through the merger of ERT and Bioclinica, provides specialized software solutions for pharmaceutical manufacturers. Its current shareholders include private equity firms Nordic Capital and Astorg. This potential acquisition is consistent with Thermo Fisher's strategic objective of expanding its product and service offerings within the healthcare and pharmaceutical research industries.

Related Topics

Thermo FisherClarioAcquisitionClinical TrialsHealthcarePharmaceuticalsM&ANordic Capital

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